Existing LP Agreement definition

Existing LP Agreement has the meaning set forth in the recitals to this Agreement.
Existing LP Agreement has the meaning assigned to such term in the Recitals.
Existing LP Agreement has the meaning set forth in Section 2.2.

Examples of Existing LP Agreement in a sentence

  • Each of the Persons listed in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement, have been admitted as Partners of the Partnership by virtue of the execution of the Existing LP Agreement or a joinder or supplement thereto.

  • Pursuant to such amendment and restatement, effective concurrently with the Closing, the Incentive Distribution Rights (as defined in the Existing LP Agreement) shall be cancelled (the “Cancellation”) and the General Partner Interest (as defined in the Existing LP Agreement) owned by the General Partner shall be converted into a non-economic general partner interest in the Partnership (the “Conversion”).

  • In accordance with Section 13.3(b) and Section 13.3(c) of the Existing LP Agreement, the General Partner, in its individual capacity as the sole holder of the General Partner Interest and the Incentive Distribution Rights, hereby consents to and approves the amendment and restatement of the Existing LP Agreement to be effected by the Revised LP Agreement.

  • Pursuant to such amendment, effective concurrently with the Closing, the Incentive Distribution Rights (as defined in the Existing LP Agreement) shall be cancelled (the “Cancellation”) and the General Partner Interest (as defined in the Existing LP Agreement) owned by the General Partner shall be converted into a non-economic general partner interest in the Partnership (the “Conversion”).

  • In accordance with Section 13.03(b) and Section 13.03(c) of the Existing LP Agreement, the General Partner, in its individual capacity as the sole holder of the General Partner Interest and the Incentive Distribution Rights, hereby consents to and approves the amendments to the Existing LP Agreement to be effected by the Revised LP Agreement.

  • The foregoing constitutes written notice by the General Partner to Holdings and its affiliates pursuant to the definition of “Outstanding” in the Existing LP Agreement and that will be included in the Revised LP Agreement that the voting and other limitations set forth therein shall not apply to Holdings and its affiliates.

  • The General Partner acknowledges and agrees, and hereby notifies Holdings and its affiliates, that the voting and other limitations described in the definition of “Outstanding” in the Existing LP Agreement and the Revised LP Agreement shall not apply to Holdings and its affiliates as a result of the SMLP Common Units acquired by the General Partner pursuant to this Agreement.

  • In accordance with Section 13.3(b) and Section 13.3(c) of the Existing LP Agreement, the General Partner, in its individual capacity as the sole holder of the IDRs and the GP Interest, hereby consents to and approves the amendment and restatement of the Existing LP Agreement to be effected by the Revised LP Agreement.

  • The General Partner is the beneficial and record holder of the IDRs and the GP Interest and has good and valid title to the IDRs and the GP Interest, in each case, free and clear of all Encumbrances, and there is no subscription, option, warrant, call, right, agreement or commitment relating to the issuance, sale, delivery, repurchase or transfer by the General Partner of the IDRs or the GP Interest, except as set forth in the Existing LP Agreement.

  • Each capitalized term used in this Agreement that is not otherwise defined in this Agreement has the meaning given to it in the Existing LP Agreement.


More Definitions of Existing LP Agreement

Existing LP Agreement means the Agreement of Limited Partnership of the Partnership, dated as of December 20, 2004, as amended to date.
Existing LP Agreement means the Agreement of Limited Partnership of the Partnership, dated as of December 20, 2004, as amended to date. “GAAP” shall mean generally accepted accounting principles in the United States, as in effect from time to time, applied on a basis consistent withtheir application in the Partnership’s audited financial statements as of and for the period ended June 30, 2005 (including the classification of items andamounts and the interpretations and assumptions used therein so long as such classifications, interpretations and assumptions are in accordance with generally accepted accounting principles in the United States, as in effect from time to time).

Related to Existing LP Agreement

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • LP Agreement means the Amended and Restated Limited Partnership Agreement of the Partnership, dated as of March 24, 2020, as amended, supplemented, modified or restated from time to time.

  • MLP Agreement means the First Amended and Restated Agreement of Limited Partnership of the MLP, as it may be amended, restated, supplemented or otherwise modified from time to time.

  • Original LLC Agreement has the meaning set forth in the Recitals.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • Partnership Agreement means that certain First Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of the date hereof, as amended from time to time.

  • Partnership Agreements means, collectively, all of the Partnership Agreements.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • OP Agreement means the agreement of limited partnership of ATA Holdings, as amended and in effect from time to time.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Initial LLC Agreement has the meaning set forth in the recitals to this Agreement.

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Company LLC Agreement means the Limited Liability Company Agreement of the Company, dated as of October 23, 2006, as amended or restated from time to time.

  • Existing Agreement has the meaning set forth in the recitals.

  • Holdings LLC Agreement means the Third Amended and Restated Limited Liability Company Agreement of Holdings, dated on or about the date hereof, as such agreement may be amended from time to time.

  • Membership Agreement means an agreement in the form of the Gas Supply Hub Membership Agreement in schedule 1.

  • Existing Agreements has the meaning as set forth in Section 3.2 hereof.

  • Borrower LLC Agreement means the limited liability company agreement of the Borrower, dated on or about the Closing Date, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

  • LLC Agreement means the Limited Liability Company Agreement of the Company, as amended from time to time pursuant to its terms.

  • JV Agreement each partnership or limited liability company agreement (or similar agreement) between a North American Group Member or one of its Subsidiaries and the relevant JV Partner as the same may be amended, restated, supplemented or otherwise modified from time to time, in accordance with the terms hereof.

  • LLC Agreements means the Initial Holdings LLC Agreement, the Holdings LLC Agreement, the Initial Investors LLC Agreement and the Investors LLC Agreement.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.